First Asset Funds Inc. Announces January, 2008 Distributions
TORONTO, January 22, 2008 - First Asset Funds Inc. announces the following confirmed distributions for the month ending January 31, 2008. In all cases, the distribution will be paid on or before February 15, 2008 to unitholders of record on January 31, 2008.
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Name TSX Distribution TSX Annualized Pre-Tax
Symbol Amount Trading Yield(b) Interest
(per unit) Price(a) Equivalent(c)
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First Asset Yield
Opportunity FAY.UN $ 0.1458 $ 19.31 9.06% 12.98%
Trust - Series A
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First Asset Yield
Opportunity Trust USD
- Series B FAY.U $ 0.0440 $ 5.61 9.41% 13.49%
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Global 45 Split
Corp. GFV $ 0.10 $ 13.00 9.23% 13.23%
- Class A Shares
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First Asset
Income & IGF.UN $ 0.05833 $ 8.04 8.71% 11.53%
Growth Fund
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First Asset
Pipes & Power EWP.UN $ 0.05833 $ 6.90 10.14% 11.90%
Income Fund
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First Asset/
BlackRock North
American
Dividend BDA.UN $ 0.05 $ 8.08 7.43% 10.64%
Achievers(TM)
Trust
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Split REIT
Opportunity Trust SOT.UN $ 0.0875 $ 13.15 7.98% 11.44%
- Capital Units
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Utility Split Trust
- Capital Units UST.UN $ 0.09688 $ 10.51 11.06% 15.85%
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(a) As at close on January 18, 2008. (b) Based on trading price as at
January 18, 2008.
(c) Estimated - based on Ontario tax rates.
For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289, or visit www.firstasset.com.